Key Takeaways Auto leasing software should cover the full lease lifecycle. Purpose-built platforms manage quoting, decisioning, contracting, servicing, and end-of-term…
COMMUNITY BANK AUTO LENDING RISK
Community bank auto lending risk includes the potential for financial losses from making, servicing, and funding auto loans. Those losses…
AUTO LOAN DELINQUENCY STATISTICS
Auto loan delinquencies can increase collection costs, erode lender profitability, and expose weaknesses in underwriting and portfolio management. As missed…
LOAN PRICING MODEL: KEY CONSIDERATIONS FOR AUTOLENDERS
Key Takeaways A loan pricing model needs to balance several priorities. Auto lenders should account for individual loan risk, funding…
TOP STRATEGIES FOR IMPROVING YOUR LOAN PORTFOLIO
A growing loan portfolio can significantly increase interest income, but lenders still need to watch the quality of the loans…
CUSTOMER EXPERIENCE TRENDS IN BANKING: WHAT TO EXPECT
Key Takeaways Design around customer journeys instead of individual channels. Customers should be able to move between mobile, web, branch,…
AUTO LOAN ORIGINATION AUTOMATION
Key Takeaways Automation transforms the entire origination process. It captures application data once, verifies it in real time, applies the…
LOAN ORIGINATION AUTOMATION BENEFITS AND DISADVANTAGES
Key Takeaways More than 70% of lending businesses now use some form of loan origination automation, making it the industry…
LOAN COLLECTIONS MANAGEMENT RISK REDUCTION STRATEGIES
As you begin the process of evaluating lease management service providers, use this concise list of attributes and capabilities to…
BUILD VS BUY A LOAN ORIGINATION SYSTEM
Key Takeaways The decision to build a loan origination system from scratch or buy a configured platform carries significant differences…
QUESTIONS TO ASK ABOUT LOAN ORIGINATION SOFTWARE: BEFORE YOU BUY
Key takeaways The most common LOS questions include how fast the platform responds to policy changes, how deeply fraud controls…
STRATEGIES TO IMPROVE THE AUTO LOAN BORROWER EXPERIENCE
Key Takeaways Dealers route business to lenders that fund fast and predictably, so decision speed shapes dealer relationships as directly…
